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Fidelity Total Bond ETF

623 hedge funds and large institutions have $16B invested in Fidelity Total Bond ETF in 2025 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 323 increasing their positions, 199 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 199

33% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 48

1% more capital invested

Capital invested by funds: $15.7B → $16B (+$220M)

1% more funds holding

Funds holding: 618623 (+5)

1% less ownership

Funds ownership: 86.46%85.46% (-1%)

8% less funds holding in top 10

Funds holding in top 10: 146135 (-11)

Holders
623
Holders Change
+5
Holders Change %
+0.81%
% of All Funds
8.2%
Holding in Top 10
135
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-7.53%
% of All Funds
1.78%
New
64
Increased
323
Reduced
199
Closed
48
Calls
$946K
Puts
Net Calls
+$946K
Net Calls Change
-$587K
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
1
Northwestern Mutual Wealth Management
Wisconsin
$3.94B +$225M +4,963,926 +6%
Morgan Stanley
2
Morgan Stanley
New York
$1.33B -$263M -5,817,506 -17%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$569M -$859K -18,973 -0.2%
Bank of America
4
Bank of America
North Carolina
$561M +$28.5M +629,015 +5%
JP Morgan Chase
5
JP Morgan Chase
New York
$400M -$66.9M -1,478,302 -14%
CTB
6
Country Trust Bank
Illinois
$283M +$764K +16,888 +0.3%
DWM
7
Dynasty Wealth Management
Florida
$269M -$4.55M -100,424 -2%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$259M +$25.9M +571,082 +11%
LPL Financial
9
LPL Financial
California
$256M +$61.9M +1,367,235 +32%
UBS Group
10
UBS Group
Switzerland
$240M +$4.52M +99,820 +2%
Raymond James Financial
11
Raymond James Financial
Florida
$212M -$567K -12,530 -0.3%
Osaic Holdings
12
Osaic Holdings
Arizona
$192M +$56K +1,236 +0%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$178M +$13.4M +296,050 +8%
MG
14
Mather Group
Illinois
$176M -$717K -15,833 -0.4%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$166M +$13M +287,824 +9%
RWM
16
Ritholtz Wealth Management
New York
$165M +$64M +1,412,766 +64%
KAS
17
Kestra Advisory Services
Texas
$154M +$3.01M +66,514 +2%
QWP
18
Quotient Wealth Partners
Texas
$150M +$4.76M +105,134 +3%
LWMT
19
Legacy Wealth Management (Tennessee)
Tennessee
$142M +$51.4K +1,136 +0%
SWP
20
Sagespring Wealth Partners
Tennessee
$130M +$8.02M +177,177 +2%
SWA
21
Sax Wealth Advisors
New Jersey
$121M +$35.1M +774,471 +41%
BCP
22
Blue Chip Partners
Michigan
$121M +$2.57M +56,883 +2%
FMWA
23
Forvis Mazars Wealth Advisors
Missouri
$112M -$1.18M -26,004 -1%
CAL
24
Capital Analysts LLC
Pennsylvania
$112M +$10.1M +223,155 +10%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$106M -$34M -750,783 -25%

FBND Hedge Fund Activity: Q2 2025 in Review

623 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Fidelity Total Bond ETF (FBND) for Q2 2025, worth a combined $16B — up 1.4% from $15.7B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new FBND positions and 48 closed out — a net gain of 16 holders — while 323 added to existing stakes and 199 trimmed.

The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $225M. The largest seller was Morgan Stanley, cutting an estimated $263M.

  • 623 institutional investors held Fidelity Total Bond ETF (FBND) as of Q2 2025, up from 618 in Q1 2025.
  • Funds reported $16B of Fidelity Total Bond ETF stock for Q2 2025, up 1.4% quarter-over-quarter.
  • 64 funds opened new Fidelity Total Bond ETF positions in Q2 2025 and 48 closed out, a net change of +16 holders.
  • The largest Fidelity Total Bond ETF buyer in Q2 2025 was Northwestern Mutual Wealth Management, an estimated $225M added.
  • The largest Fidelity Total Bond ETF seller in Q2 2025 was Morgan Stanley, an estimated $263M sold.

Based on aggregated 13F filings for Q2 2025.